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Defimarket

Decoding DeFi MetricsIn Decentralized Finance (DeFi), deciphering the wealth of new projects can be akin to navigating uncharted waters. However, amidst the chaos, fundamental analysis stands as a beacon, guiding investors and traders towards discerning the true value of DeFi assets. 1. Total Value Locked (TVL): TVL, the sum of funds nestled within a DeFi protocol, provides a vital glimpse into market interest. Whether measured in ETH or USD, it illuminates a protocol's market saturation and investor confidence. 2. Price-to-Sales Ratio (P/S Ratio): In DeFi, just like traditional businesses, evaluating a protocol's value against its revenue stream offers a unique perspective. A lower P/S ratio suggests undervaluation, indicating a potential investment opportunity. 3. Token Supply on Exchanges: Monitoring tokens on centralized exchanges unveils market dynamics. While a surplus may hint at sell-offs, complexities arise due to collateralized holdings, necessitating nuanced analysis. 4. Token Balance Changes on Exchanges: Sudden shifts in token balances on exchanges signal imminent volatility. Large withdrawals hint at strategic accumulation, underscoring the importance of tracking market movements. 5. Unique Address Count: More addresses usually imply widespread adoption. But beware! This metric can be deceptive. Cross-reference with other data for a clearer picture. 6. Non-Speculative Usage: A token's utility is paramount. Assess its purpose beyond speculation. Transactions occurring outside exchanges signify genuine use, a testament to its value. 7. Inflation Rate: While scarcity is a virtue, a token's inflation rate demands attention. Striking a balance between supply growth and value preservation is crucial, emphasizing the need for a holistic evaluation approach. In the intricate DeFi landscape, these metrics serve as the foundations of strategic decision-making. Each data point unravels a layer of complexity, empowering investors to make astute choices. As you delve into the world of decentralized finance, armed with these insights thrive in the boundless universe of DeFi possibilities! 🚀💡
Education
by Vestinda
1
KAVA Buy Opportunity 53% Gain from Buy ZoneKava approaching Buy Zone 1 again, some sweet gains to be made back to ATH levels. Re-entering in this Buy Zone. Update from 19/03/21 Excellent buy opportunity for a 30% Gain back to ATH price @ $7.42, our current price target is at the 127.20% Fibonacci level @ $8.67 (53% Gain). The price of KAVA broke down past the 13 EMA to test the 50 SMA , this downward pressure seems to have exhausted now and we expect the Bulls to come back in the market to test the 13 EMA and push past this level signalling a strong continuation pattern back towards the ATH . We saw a similar move on the 15th March where the price broke down the 13 EMA to test the 50 SMA and then bounced back to upside testing and breaking through the 13 EMA gaining 40% from $4.99 to $7.02. Use the Buy Zone to map out a sniper entry at the 61.80% Fibonacci level. KAVA is a great project with a lot of potential in the mid-long-term as we see waves of new institutional money flooding into the market. We bought in at the 61.80% Fibs @ $5.6 and if we test lower levels we will be looking to accumulate more coins. The bearish scenario is still possible but we do not expect to see the price go lower than the range between the 50%-38.20% Fibonacci level ($5.11 - $4.57), the stochastics are showing an extremely oversold market on the 4H, be patient wait for confirmation before entering. Key Notes on Kava: Kava, built on the Cosmos SDK, is quickly gaining momentum as the most trusted DeFi platform for institutional clients around the world. Kava plans to take another major step forward towards that end through an integration with Cosmos’s recently launched Inter-Blockchain Communication Protocol ( IBC ). Kava will then use IBC to make Chainlink’s widely used and secure decentralized data feeds available to blockchains across the wider Cosmos ecosystem. The use of Chainlink data as part of the broader Kava DeFi ecosystem is not new. Kava first integrated Chainlink back in May of 2020. Onboarding Chainlink Price Reference Data oracles onto the Kava blockchain has provided a valuable service to all users of its DeFi ecosystem. As more financial institutions make their way to Kava, direct on-chain access to real-time and tamper-resistant data will prove increasingly beneficial to everyone.
KRAKEN:KAVAUSDLong
by CryptocurrencyMagnet
Avax Update BUY triggered by script 13EMA crossing up 50SMAUpdate on Avalanche (Avax) BUY triggered by script 13EMA crossing up 50SMA Avalanche (Avax) BUY triggered by script 13EMA crossing up 50SMA, 90% gain from current price level back to ATH price level! Bulls back in the market! Avalanche (Avax) Buy Opportunity 90%+ Gain Triple Bottom Formed, Stochastics on the Weekly still showing a buyers market with a strong bullish sentiment short-midterm. Avax's price soared to a new ATH on 10/02/21 @ $59.7 and has since retraced from this huge explosive parabolic move forming a triple bottom. The stochastics on the Daily chart and 4H both show an extremely oversold market, further the triple bottom signifies that the Bulls are coming into play and this could be the sign of recovery back to the ATH levels previously set on 10/02/21. Currently the price level has tested and broken just above the 200 SMA signalling bullish sentiment but a possible test back to the 200 SMA and a break below this level would signal a strong signs of a some retracement or consolidation short-term. A trigger of the 13 EMA crossing up 50 SMA would be another confirmation of this move back towards to upside, gaining 90%+ on its way back to ATH levels and a possible push further to the 127.20% Fibonacci level and a new ATH @ $70. Use the buy zones area to map out Buys from zone 1 below the 23.30 Fib level and zone 2 between the 23.20% & 38.20% Fibonacci level. Happy trading :) Key Notes on this project: Avalanche is an open-source platform for decentralized finance (DeFi) applications and enterprise solutions. Developed and launched in late September by Ava Labs, the team raised a total of $60 million across three separate sales. The Block has identified 54 projects and companies across 11 different verticals currently expanding on its ecosystem. Capped Supply An important characteristic of a store of value is scarcity. Unlike most other staking platforms which have an unlimited supply and continuously increase their supply at a compounded rate, Avalanche has a fixed capped supply of 720 million, creating scarcity. 360 Million tokens were minted at launch (with the vast majority locked up in vesting periods between 1 and 10 years) whilst the other 360 million are used for rewards for staking. As with Bitcoin, reward rates will decrease over time as it gets closer to the capped supply (although at a much smoother rate rather than infrequent halvings).
BITFINEX:AVAXUSDLong
by CryptocurrencyMagnet
DEFI Index - bullish continuationDeFi has been the hot topic of this bull run but in the past days as the market tanked DeFi followed showing that it is still deeply connected to the trend set by BTC. As most of the other assets it also shows potential to continue its upward run in the next days, the upward trend started in January hasn't been broken and the index seem to fluctuate mostly in the range between 2300 and 1880, as was doing before its peak. this phase can be seen as a consolidation phase after which it could once again challenge the resistance at 2600, if this attempt is going to be successful will be highly dependent on the moves of BTC that still have to lead the charge. Looking at the volume is evident how after a huge sell off it underwent a steep decrease possibly highlighting uncertainty in the traders.
Long
by BurningStacks
1
DEFI BULLISH MOVEMENT !!Hello Traders As you can see in the chart above, it seems that price has broken the trendline more or less. Tho I suggest multiple entries on this one. On the other hand, RSI is showing a bullish divergence and a middle support zone. So I expect the price to rally and reach the selected area. Watch out for weekly and monthly Resistances tho. ------------------------------------------------------------------------ What is your opinion? Comment below. If you like the idea, please hit the like button and follow me so that you won't miss the updates. The information given is never financial advice. Always do your research too. Goodluck.
Long
by Crypto_MD
10
MANTRA HIDDEN DEFI GEM 900%The project : A lot of DEFI project went out on a wrong timing during summer, a lot of them don't have taste the bull run. On the DEFI jungle some deserve a special attention. Mantra Dao a decentralised plateform that permit to lend coins with less collateral than snx, based on a scoring like a bank ; the collaleral will be variable (and that the actual problem of crypto lending plateform , the huge collateral), On top of that, everyone will be able to put his coins lending , a kind of p2p lending cross chain by the polkadot chain. This plateform also permit stacking and much more... In the future , decentralised finance coins with a real meaning for everyone will be the only ones who going to explode; imagine that from a mobile application, you can make a loan without having full collateral to provide or become a lender. The news : the 18/12 mantra dao launched the v2 of their coins that suppress fees from stacking. By end of year the lending and the app are going to be launch. In q1 2021 they're going to lauch there stable coin. The graphic: mantra is on an accumulation zone since the end of the DEFI hype. Compare to POLS it did the same start , the same cup formation. Remember those DEFI coin don't have ATH. Potential EMA 20 and 50 crossing soon on daily timelaps; the first time since mantra came out Stoch RSI is undersold
by MOIW
ETHEREUM - $ETH - Wave 3 - To the moon is too close, go beyond!WAVE 3 in progress! The best time to buy is now! I'm LONG / BULLISH position. I expect that ETHUSD will rise up. This would mean that ETHEREUM will gain more value against USD. What is the right way? Looking for relevant timeframes, with patience and planning, NO DESPERATION. No one goes into the market thinking they should buy at the high and sell at the low. The problem is that at the moment when faced with the ups and downs of the market, it’s hard to resist the urge to do those things. Trading is all about spotting emotional excesses either to the downside or the upside. You want to be on the right side of those emotional reactions and not the wrong. If you want to win in this market, you need to be COLD and CALCULIST. To the moon is too close, go beyond!!! Well, keep you updated as this timely issue evolves. Good luck! #CRYPTO $ETHUSD #ETHBTC #ETH #ETHEREUM #ALTSEASON2020 #DEFI #DE-FI $BTC $BCH $BNB $XLM $EOS $ETH $ADA $LTC $TRX $XRP $IOTA $LINK $XTZ $BTT $XMR $NEO $BTT $MATIC $XMR $MRK $XEM $ONT $DASH $BAT $ZRX $LSK $NANO $REP #altcoins #bitcointrading #BuyTheFear #BuyTheDip
Long
by ferGOD